What is a CFP

A Certified Financial Planner (CFP) is a professional who has completed a rigorous education program and passed a comprehensive certification exam in financial planning. CFPs are trained to help individuals and families make informed financial decisions and plan for their future.

Some of the services that a CFP can provide include:

Financial Planning: A CFP can help you create a comprehensive financial plan that takes into account your current financial situation, goals, and risk tolerance. This can include retirement planning, estate planning, tax planning, and investment planning.
Investment Advice: A CFP can help you make informed investment decisions by providing recommendations on specific investment products and strategies that align with your financial goals.
Retirement Planning: A CFP can help you plan for retirement by estimating your future expenses, determining how much you need to save, and recommending investment strategies that can help you achieve your goals.
Debt Management: A CFP can help you manage debt by developing a repayment plan, negotiating with creditors, and recommending strategies to help you get out of debt as quickly as possible.
Tax Planning: A CFP can help you reduce your tax liability by recommending strategies to minimize your taxable income, such as maximizing your contributions to a retirement plan or claiming tax credits.
In short, a CFP can help you make informed financial decisions and develop a comprehensive plan to achieve your financial goals. It is important to work with a CFP who is a fiduciary, meaning they are required to act in your best interest.

About the Author

Picture of Amy Novakovich, CFP®, CRPC®

Amy Novakovich, CFP®, CRPC®

Amy is a Co-Founder of Nova Wealth Management. She is a native of Wisconsin and moved to Florida in 2004. She earned a degree in finance from Florida Gulf Coast University. Amy is a CERTIFIED FINANCIAL PLANNER™ professional (CFP®) and a Chartered Retirement Planning Counselor® (CRPC®).